Cabinet body’s nod to import LNG from Oman

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Cabinet body’s nod to import LNG from Oman.

Cabinet Committee on Public Purchase on Wednesday approved some 10 proposals including import of liquefied natural gas (LNG) from Oman on government-to-government basis deal.

Cabinet body’s nod to import LNG from Oman.

Oman Trading International will initially supply 1 million tons per annum (Mtpa) of LNG under a price formula of “11.9 percent Brent plus 0.40 US$ per MMbtu” for a period of 10 years.

The government will import the LNG and re-gasify through the two LNG terminals—Summit’s FSRU and EEBL’s FSRU—and then supply to the national gas network.

Bangladesh will make the payment of the LNG to the Oman within 25 days of the delivery.

The Cabinet body, with Industries Minister Amir Hossain Amu in the chair, gave the approval to the proposals.

A proposal of the Health and Family Planning for construction of a super specialized hospital at Bangabandhu Sheikh Mujib Medical University (BSMMU) received the nod of the committee.

South Korean Hyundai Development Company (HDC) won the contract to build the hospital at a cost of Tk 566.21 crore.

The Cabinet body approved another proposal to import 10 meter gauge diesel electric locomotives from South Korea.

South Korean Hyundai Rotem Company will supply the locomotives at a contract value of about Tk 400 crore.

A proposal for carrying out dredging works at 4.7 kilometers area in the Padma River and also 4 km river bank protection works under Rajshahi City Protection Project received the nod of the committee.

Bangladesh Navy won the contract under the direct procurement method to implement the job at a cost of Tk 328.96 crore.

The other proposals, which were approved by the Cabinet body, include contract award for waterline construction works of Chattagram WASA, consultant appointment for gas well drilling works at a cost of Tk 213.48 crore.

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